Park Hyatt Xi’an will be ideally located in the Xi’an CCBD commercial complex along the city’s central axis, creating a new landmark in the city
CHICAGO / SHANGHAI (July 24, 2024) — Hyatt Hotels Corporation (NYSE: H) and China Resources Land (CR Land, HKEX: 1109) announced that Hyatt has entered into a management agreement with CR Land for a Park Hyatt hotel in Xi’an, Shaanxi province, China. This project will be ideally located in the CCBD, one of the key mix-use commercial complexes along Xi’an’s central axis. Park Hyatt Xi’an will provide worldly travelers a sophisticated home-away-from-home in the ancient capital of China.

Park Hyatt Xi’an will offer 192 rooms and suites, world-class culinary and wellness experiences, and inspiring spaces for meetings and events. The hotel will seamlessly blend modern amenities and personalized service with Xi’an’s cultural heritage, creating an elevated luxury experience for guests and locals alike.

Well-situated in the city’s CCBD project of the Qujiang District, Park Hyatt Xi’an will be nearly four miles away from the old city center’s landmark Bell Tower. Thoughtfully designed by the renowned Thomas Heatherwick, CCBD has been designated as a key project contributing to the development of the city’s technology and cultural industries. Park Hyatt Xi’an’s prime location will also offer convenient access to the city’s commercial hub, vibrant cultural scenes, and upscale shopping including The Xi’an Mixc, a premium lifestyle and shopping center.

“We truly treasure the long-term relationship with CR Land, an anchor owner who consistently supports our development strategy in this key market. With close collaboration with CR Land, we have developed exceptional offerings and operational excellence in key cities across China. We are grateful to join hands once again with CR Land to bring the Park Hyatt brand to the historically significant and vibrant city of Xi’an,” said Stephen Ho, president of growth and operations, Asia Pacific, Hyatt. “We are confident that we will deliver another exceptional hotel and strengthen Hyatt’s brand presence in Xi’an, contributing to the city’s attraction as a major tourism, business, technology and transportation hub.”

“We are excited to collaborate with Hyatt once again to bring the Park Hyatt brand to CCBD, a project that will enhance the future development of Xi’an,” said Gang Chen, general manager, CR Land Central and Western Districts. “Together with the surrounding commercial and business centers, the hotel will be part of a premium community with trendy retail, well-known enterprises, and high-end residences. By combining CR Land’s extensive experience in the real estate industry with Hyatt’s renowned expertise in hotel management, we are confident that Park Hyatt Xi’an will bring an unparalleled luxury experience to travelers and become a great addition to CCBD.”

Hyatt and CR Land have previously collaborated on several successful projects since the opening of Grand Hyatt Shenzhen in 2009, including Grand Hyatt Dalian, Park Hyatt Hangzhou, Grand Hyatt Hefei, Grand Hyatt Shenyang, Andaz Xiamen and Andaz Shenzhen Bay.

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.